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How to sell coins on exchange video

Aug 26, 2024 pm 02:44 PM
cryptocurrency exchange

Sell cryptocurrency on Bitstamp: 1. Log in to your account; 2. Select a cryptocurrency; 3. Enter the sale amount; 4. Set the sale price: market order, limit order or stop loss order; 5. Confirm the transaction; 6. The transaction is completed Afterwards, USD is deposited into the account.

How to sell coins on exchange video

How to Sell Cryptocurrency on Bitstamp Exchange

Step 1: Log into your Bitstamp account

  • Visit the Bitstamp website and log in using your credentials.

Step 2: Navigate to the Account page

  • Click on the Account tab in the upper right corner.

Step 3: Select the cryptocurrency you want to sell

  • In the Accounts page, find the cryptocurrency you want to sell.
  • Click the "Sell" button next to that cryptocurrency.

Step 4: Enter Sell Amount

  • In the Sell window, enter the amount of cryptocurrency you want to sell.
  • You can also choose to sell all or part of your position.

Step 5: Set the sell price

  • There are three sell price options:

    • Market Order: Sell immediately at the current market price.
    • Limit Order: Sell when the specified price is reached or above.
    • Stop Loss Order: Sell at or below a specified price to limit losses.

Step 6: Confirm Transaction

  • Check the transaction details carefully.
  • Make sure you are happy with the amount, price and type of sale.
  • Click the "Sell" button to confirm the transaction.

Step 7: Wait for the transaction to complete

  • Once the transaction is completed, your cryptocurrency will be sold and the corresponding USD will be credited to your account.
  • You can track the transaction status under the "Orders" tab.

Tip:

  • Before selling cryptocurrencies, know the market price.
  • Consider using limit orders to get better prices.
  • Check transaction status regularly to ensure smooth completion.

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